Released on = March 31, 2007, 4:00 am

Press Release Author = Shushmul Maheshwari

Industry = Telecommunications

Press Release Summary = EU telecom ministers are making plans to cap the roaming
charges imposed by mobile phone companies for using their phones in another EU
country.

Press Release Body = Telecommunication ministers from European Union (EU) have
agreed on a plan to trim down the roaming charges on mobile phones, said Viviane
Reding, Telecommunication Commissioner, European Union on March 15, 2007. The
regulated charges are expected to be implemented by the end of spring.

Ministers from 27 EU countries will convene at the annual CeBIT technology trade
show conducted in Hanover. The ministers will try to reach an agreement to limit the
roaming charges, i.e., the fees charged by cell phone companies on users for using
their mobile phone in another EU nation.

The agreement could result in the formation of a law on maximum roaming fees to be
approved in early June ’07 and would come into effect in late June or early
July ’07.

Michael Glos, Economy Minister, Germany, said on March 15, 2007 in a statement
reported by Forbes.com, “We are very confident that we can come to a
solution”. Glos added that this action was important given the extent of
roaming fees mobile companies charge on customers.

Customers will pay US$ 0.66 (€0.50) per minute at maximum, excluding VAT
(Value-added Tax), once regulations are brought in, InfoWorld quoted Viviane Reding
on March 15, 2007.

The Commission figures show that mobile phone companies earn around US$ 12 Billion
(Euro10 Billion) annually from roaming charges in European Union.

The mobile companies allege that price-fixing would proved to be a blockage for
their businesses, disrupting their delicate cost configuration, and probably
increasing the charges of other calls to consumers as reimbursement.

The regulated roaming charges of mobile phones are expected to jack up the mobile
phone sales. According to the RNCOS report “Europe Mobile Handset Market
Analysis (2007)”, the share of Europe in worldwide mobile phone market revenue
declined by 8.8% over the period 2001-2005, falling from 38.6% in 2001 to 29.8% in
2005. But in coming five years, almost all the major markets in Europe, like
Germany, UK, and France, are projected to show a growth upward trend.

The market research report gives an in-depth analysis of the European mobile handset
market with detailed overview of different regions in Europe. The report provides
information on growth driving factors, challenges and opportunities in the European
market with region-wise future predictions.

About RNCOS E-Services Pvt Ltd.:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/COM36.htm
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